MARCUS: Citizens unite to halt progress
Herbert Hubert is an attorney with Hem Haw Hack and Hew. We met at the local Hot Java. He wanted to solicit my participation
in a variety of causes with a common theme.
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Horizon Wind Energy opens its first Indiana wind farm
At full tilt, the units of Meadow Lake I Wind Farm in Brookston can generate about 200 megawatts, enough
to power 60,000 average size homes in a year.
HAUKE: Great ideas not as good as excellent timing
The market often stays wrong much longer than the early investors stay solvent.
KATTERJOHN: Health care issues decades old
The unsustainable
system of health care that we now find ourselves participating in has been decades in the making. What makes us think we can
fix it—really fix it—overnight?
Westfield’s Truss Manufacturing Co. changes name, expands product line
Truss Manufacturing Co., a fixture along U.S. 31 in Westfield since 1959, in October changed its name to TMC Building Products
to emphasize its expansion into other supplies.
EDITORIAL: Hardball tactics put City Market tenants in a bind
Mayor Greg Ballard can’t have it both ways with City Market.
Indianapolis lawyer to open bar and lounge in 3Mass building on Mass Ave
The bar, which isn’t yet named, will be Baker & Daniels lawyer Trevor Belden’s first bar.
Pizza restaurants in works; wine shop heading to Fishers
Hot Box Pizza plans to open a downtown location in the Harness Factory Lofts building, and WineTyme, a new local shop selling
wines, craft beers and gourmet food, is coming to Fishers.
Lilly scientist Steve Paul hopes successor can finish what he started
The top scientist at Eli Lilly and Co. will have to trust a company outsider to see if his aggressive transformation of
Lilly’s research and development arm pays off.
Indianapolis looks to Cleveland, Philadelphia for City Market examples
The troubled Indianapolis City Market is looking East for a new direction. This summer, its executive director, Jim Reilly,
visited Philadelphia and Cleveland to observe their successful urban markets and seek pointers that might be applied here.
Debt-shedding efforts start to pay off for Brightpoint
The wireless phone wholesaler had survived two prior recessions and recognized the spoils in tough times go to companies with
the strongest balance sheets.
Denison light-replacement project shows expanding base of green vendors in region
Indianapolis parking garage operator Denison shuns sexy LED lighting for Fishers supplier’s induction lights.
Criminal charges possible in Premier blowup
Authorities are considering pursuing criminal charges against Christopher P. White and other executives at Premier Properties
USA Inc. in connection with deepening troubles at the local development firm, sources familiar with the matter told IBJ.
Fewer firms reimbursing workers for tuition
As corporations continue to dig out from the worst recession in decades, tuition-reimbursement programs are a common
casualty. A survey estimates that 63 percent of companies will
offer undergraduate educational assistance this year compared to 67 percent in 2005.
Premier lays off workers as lawsuits, debt pile up
Premier Properties USA Inc. has eliminated about half its headquarters staff—more than 40 employees—as banks seize
several of its properties and CEO Christopher P. White faces a barrage of new lawsuits alleging unpaid bills, defaulted loans,
illegally redirected rent payments and check fraud.
Top local money managers hedge against stagflation
Faced with the potential for another bout with stagflation, investment managers are scrambling to decide how to face a future when markets may again be thrown into turmoil by the two-headed monster of frisky price increases and crummy economic conditions.
Some observers fear return of rising prices, stagnant growth
In the 1970s, stagflation—the unprecedented combination of stagnant economic growth and inflation—threatened to ruin financial institutions. Now some fear it might make a return.
Creditor pursues troubled Premier’s property
Wachovia Bank has begun foreclosure proceedings on one of Premier Properties USA Inc.’s most prized developments,
a giant Ohio lifestyle center anchored by Target and J.C. Penney.
ALTOM: Is Facebook folly or a fantastic marketing tool?
Companies are using Facebook as an alternative way of reaching a vast audience, not as a replacement for their own Web sites.